Aberdeen, MS

Population

Aberdeen has a population of 5,466 people,
according to the Census data for 2016. Compared to 2010, this number has
decreased by 146 people (2.6%), so we
can confidently say that the dynamics of
the population
growth are negative. If you compare the rate of population growth with the nearest cities, such
as Pontotoc or Ripley, you will find that these cities
have a
population growth of 183 and a decline of 45 people, respectively (3.3%
and -0.8% correspondingly)

Race and Ethnicity

Median Household Income

The Aberdeen median household income is $30,357 (according to the US Census Bureau records for 2016 ).
A household income is one of the easiest to understand statistical indicators that is used to evaluate the economy of the city.
Simply put, it is calculated by summarizing incomes of all adult members of the household.
In comparison with the data for year 2010, this figure has increased by $3447 (12.8%).
Compared with the neighboring cities, the median household income in Aberdeen is lower than in Fayette ($30,646),
but greater than in Vernon ($30,292).
The median household income in Mississippi is $39,665 (30.7% higher than in Aberdeen)

Median Property Value

The median property value in Aberdeen is $70,100 (based on US Census Bureau data
for 2016).
This means that half of the houses in the city are more expensive than this figure, and half of other houses are less.
In 2010, the property value was estimated at $72,000 (making a decrease of $1,900 or 2.6% in 6 years).
Here is what the housing market looks like in nearby cities: median property price in Brooksville is
$70,600, in Michie — $69,100.
Median property value in Mississippi is $103,100

Poverty Rate

A poverty rate is one of the key economic indicators. It shows the proportion of the population whose income
is less than the poverty line in the area. The lower the number is, the more prosperous the life of society is.
The current poverty rate in Aberdeen is 28.1%. In the neighboring cities,
this figure is as follows: in Russellville, 28.6% of the
population live below the poverty line, in West Point — 27.4%.
The poverty rate in Mississippi is 17.56%. Based on such indicators as the poverty rate, we assume that
life in Aberdeen is worse than the average for the state.

Median Gross Rent

The median gross rent in Aberdeen is $531 a month (as of 2016).
In 2010, this figure was lower — $507/mo
(-4.7%).
Please note, gross rent may include not only the rent payments, but also utility bills and some other building costs.
The median gross rent in the state of Mississippi is higher at
$717 per month (again, data for 2016).
The following median gross rent was registered in the neighboring cities: renters in Oakman pay
$532/mo, in Brooksville — $525/mo.

Rent Burden

The rent burden in Aberdeen is 34.5% (2016).
Rent burden shows what proportion of the household income is spent on rental housing. This data is useful in estimating
the housing affordability in the city. Rent burden in Aberdeen is higher than in the state of Mississippi,
where the rent burden is 31.7%. In neighboring cities, the situation is as follows:
rent burden is 34.8% in Eupora,
and in Reform — 34.0%.

Share of Renter-Occupied Housing

43.2% of housing units in Aberdeen are occupied by renters (2016).
A housing unit means a house, an apartment, a mobile home, a room or any other structure that is used for habitation.
In 2010, the share of renter-occupied housing units was lower — 39.7%.
It seems that now more people live in rented houses in Aberdeen than before.
Neighboring cities have the following shares of renter-occupied housing units: Okolona (43.3%), Carbon Hill (42.9%).

Renter Occupied Households

There are 905 renter occupied households in Aberdeen (2016).
This is just a rough estimation based on Census and ESRI demographic data. Since 2015, the number of such type of households has
increased by 1% (905 households
in 2016 vs. 896 in 2015).
Nearby cities have the following renter-occupied housing unit numbers: there are 951 households in Louisville, 879 units in Pontotoc.

Evictions

There were 22 evictions reported
in Aberdeen in 2016.
Here are how many evictions were made in nearby cities in 2016 : 25 evictions from housing were made in Jasper, 18 in Saltillo.
Reasons for evictions can be different-code violations, violations of the terms of the lease, etc. But often the main reason is the failure to pay the rent on time. That is why a large
number of evictions (especially when there is a tendency to increase this number) may indicate a deterioration of the economy.

Eviction Filings

The total number of eviction cases that were registered in the Aberdeen in 2016 is 30.32.
Please note that some addresses may have multiple eviction cases during the year. Compared to the neighboring cities, Aberdeen has less eviction cases than Tuscumbia
(40.75 filings in 2016),
more eviction cases than Russellville
(26.70 filings).

Featured Addresses

109 South Meridian Street Three companies were registered at this address, including Lcs INC of Mississippi, Apex Insulation INC of Ms. Two entities are associated with this address: Georgeann Provias, Nicholas Provias

118 North Long Street Harrington Enterprises INC was registered at this address. Two entities are associated with this address: Georgeann Provias, Nicholas Provias, Harrington Frank, Harrington Cathy

Sources and Citations

This research uses data from The Eviction Lab at Princeton University, a project directed by Matthew Desmond and designed by Ashley Gromis, Lavar Edmonds, James Hendrickson, Katie
Krywokulski, Lillian Leung, and Adam Porton. The Eviction Lab is funded by the JPB, Gates, and Ford Foundations as well as the Chan Zuckerberg Initiative. More information is found at evictionlab.org

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